1/8
£495,000
1 bed · 1 bath · 488 sq ft
2 Praed Street, London, W2
0 miles
away
Leasehold
Added on 16/09/2026 
1/9
1/9
£495,000
Asking price 1 bed flat for sale Praed Street, London, W2
1
bed 1
bath Flat
Leasehold
Added on 16/09/2026
About this property
On the ninth floor (with lift) of this modern development a well proportioned one bedroom apartment located moments to Paddington Station (Heathrow Express) Located in the popular waterside development of Paddington Basin is this upper floor one bedroom apartment. Accessed via residents' lifts, accommodation comprises 23 ft open plan reception room with fitted kitchen, double bedroom with built in storage, and bathroom. Additional features of this popular development includes comfort cooling and 24 hour porters.
Key features
- Modern Development
- Ninth Floor Apartment (with lift)
- One Bedroom
- 23 ft Reception Room
- Fitted Kitchen
- Modern Bathroom
- 24 Hour Porter
- Comfort Cooling
- 452 sq ft (42 sq m)
Floorplan
Price guide
This home
£1,095 / sq ft
Area average (sold)
£1,325 / sq ft
Price per area, sold homes nearby
£763 / sq ft
£1,095 / sq ft
£2,044 / sq ft
Lowest
This home
Highest
£1,095 per sq ft, below the middle of recent sales in W2 (£763–£2,044, 10th–90th percentile, 727 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 727 homes sold in W2 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in W2 →
Location
Praed Street, London, W2, W2 1JN
- Council tax
- Band D (Approx £1,050/year)The agent has not stated the band, so band D is shown as the local reference: Westminster's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £495,000
£247k £743k
Deposit10% £50,000
£0 £495k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £445,000 mortgage. Most lenders would want a household income of about £99,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in W2 1JN. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 713, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Mar 2025 | 463 sq ft £1,404/sq ft | 463 sq ft | £1,404 | £650,000 |
| Flat 1108, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Feb 2025 | 388 sq ft £1,381/sq ft | 388 sq ft | £1,381 | £535,000 |
| Flat 1206, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Jan 2022 | 1,033 sq ft £1,694/sq ft | 1,033 sq ft | £1,694 | £1,750,000 |
| Flat 812, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Dec 2021 | 452 sq ft £1,416/sq ft | 452 sq ft | £1,416 | £640,000 |
| Flat 811, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Mar 2021 | — | — | — | £1,500,000 |
| Flat 1105, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Oct 2020 | 581 sq ft £1,376/sq ft | 581 sq ft | £1,376 | £800,000 |
| Flat 1112, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Dec 2019 | 1,163 sq ft £1,806/sq ft | 1,163 sq ft | £1,806 | £2,100,000 |
| Flat 1110, Balmoral Apartments, 2, Praed Street Flat / maisonette | Flat / maisonette | Aug 2018 | 441 sq ft £1,473/sq ft | 441 sq ft | £1,473 | £650,000 |
All sales on Praed Street → All sold prices in Westminster →
Area insights
The neighbourhood around this property.
Marketed by
Hamptons, Hyde Park and Bayswater
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